About your Search

20121202
20121210
Search Results 0 to 18 of about 19 (some duplicates have been removed)
unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the speaker and david axelrod talked about what the president and speaker might be doing behind closed doors and the reasoning behind it. let's listen. >> both the president and the speaker are very fluent in the basic numbers. they have been living with them for some time now. so as i said, i don't think that there's a lot of mystery about this. the politics has to be traverse. they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it
. the post-election year itself is the worst year of the cycle. even research put out recently still shows there is an issue there. i look back to the secular bear market of '66 to '82 period. four election year exits in six at this sate, '72, '76 and 80 where we had significant bear market the following year. i think we're in a similar situation. nothing ever repeats exactly but i think there is rhyming going on. david: milton friedman says there is no such thing as a free lunch but there is on wall street. tell us about the free lunch and how it might affect investing. >> this catches attending on the friedman comment but there's a small cap effect, john effect which we found starts in mid-december. most of that move for the small caps happens last two weeks of december. what we found over the year stocks making new 52-week lows around mid-december or we moved it up to triple-witching day, a lot of volatility. and call through some of the stocks and pull out really bizarre ones and trim down, anything that is not a common stock preferred, new issues, that sort of thing. this is averaged
. >> republicans have move add great deal. who was the first person right after the election, the speaker went down and provided revenue. we had not heard that before. when has the president offered the spending cuts? that is the hold up. >>reporter: still fighting over revenue and spending cuts, that is where we started the debate. last night when they had a congressional holiday party at white house we are told that speaker boehner did not go through the receiving line so, basically at this moment they are not talking directly. that does not sound like they moving the ball forward. >>shepard: in public. >> a strike at major ports in california could make it harder to find gifts this holiday season. we will have an update on negotiations. and iran military leaders say they captured a united states drone. again. but the united states says hang on, iran, so what is this thing the iranians are showing on iranian state tv? that is ahead. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for onl
, people. we showed you the votes now show us the money. >> after the election of jimmy carter, andrew young, he went to washington, dc and he came back home with bacon. that is what you do. that is what you do. this is, our people, in an overwhelming way, supported the re-election of this president and there ought to be quid pro quo and you ought to exercise leadership on that. of course, not just that but why not? earthquake egg she was calling for a bailout of 9 cash strapped city after 73 percent of the voters in wayne pulled the lever for president obama in november. the video is going viral and so is the reaction. we cannot get the council woman but we got michelle fields who says get ready for more. the absolute stark contrast between scott who we saw on staten island standing if front of his home making sure no one steals his generators so he can stay warm and this council woman who is concerned about, she voted for president obama, where is her bailout? >>guest: this is crazy. you don't get preferential treatment just because you voted for obama. look, detroit right now, what
talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. the issue isn't simply the negative result of going over the cliff, but it's also that business, consumers, everybody continues to hold back on the uncertainty. and we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. so i think a lot of what's going on is what you would expect to see in this negotiation, very public negotiation, which is not the best way to do it. i think at some point, the preside
said, you can't be serious? i just never seen anything like it. we have seven weeks between election day and the end of the year, and three of those weeks have been wasted with this nonsense. >> okay. you heard for the first time in two decades now acknowledge revenues can go up as part of the balanced plan, a good first step, but they have to deal with rates and revenues. >> this talk has lawmakers and analysts skeptical. they could strike a deal to have hundreds of billions in tax increases set for january. still, both sides have been through the debate before. they know the options available to cobble a deal together. one aid says it's too early for either side to reach an agreement knowing they still have to show to their members they pushedded for every possible point to secure the best deal possible. still, it is getting late, and the sides are trillions apart. back to you. >> all right, rich, rich edson in washington. >> we have two more weeks before anything is done. >> might be. >> let's talk with the next guest saying republicans should give into the tax cuts for the rich,
elections taking place in japan on the 16th and south korea on the 19th of this month. well within the range of this test that is scheduled to come in the coming days. influencing their neighbors and influencing politics and testing new ground with what would a second-term approach be with obama. bill: this is what we believe to be the ultimate range. 5,000 to 6,000 kilometers. 3,700 miles. china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation could occur at any time. they were able to reach to hawaii ... bill: history shows they are not very good at this. are they getting better? >> only more tests will tell. you are correct history has shown it's been embarra
for years. >> even though democrats won the presidential election? doesn't that change the calculus? >> he would say these people are all safe seats if they don't get against the pledge. norquist has the division so to speak. he could destroy any republican who says the word tax increase. has he said -- he said if they're seduced by democrats in pure thoughts this is the so-called i can smell pornography when i see it. this is pornography for grover norquist. he can smell it when he sees it. he will target. he will destroy republicans who go against the pledge. he's much more powerful than any individual republican. and individual ceo. let's just face it. i've always felt he was the most powerful person in the class of '76 at harvard. enjoyed his success because he was a fellow member of the harvard crimson. i just disagree with him. terrific guy. >> with friends like that -- >> with all due respect to my ex-partner larry kudlow with all due respect. >> the treasury secretary talks about how he does not think that in the end the gop is going to prevent tax rates on the wealthiest from risi
, people were saying you got to incorporate poll workers for the election. you had holiday hiring. you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look,
? there was an election. >> that was not a serious offer that was made. >> well, it was an offer and the republicans haven't made a serious or nonserious offer, joe. >> you've got to go through the house. where is the house plan? >> well, i don't know. but that's -- >> stay tuned. >> our guest hosts will be with us for the rest of the program. up next, we'll talk about monday morning markets. goldman sachs jim o'neill is our special guest. find out if europe or the fiscal cliff is keeping him up at night. >>> later, food for thought. our how dominos is handling economic conditions and their plans to hire for the holiday season. >>> do you think this group of people will find some common sense solution? >> yeah, i think they will. i'm not sure thooes they'll do it by december 1st. >> we know a lot about the opportunities are if they don't. >> in private, in my view, he'll get to something. >> we encourage congress to put aside the political rhetoric and rise above it to make sure we have revenue >>> welcome back, everybody. let's get a sense of where the market is heading in 2013. joining us right now is j
. they can't govern either. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of president obama's likely pick to follow tim geithner at treasury. we talked about how buffett threw out jamie dimon's name. here is what moynihan thinks about that idea. >> i won't give individual names, but i think what warren is expressing a view which i agree with is that we need to have very bright, very talented and very broad experience
answer, but in a minute. let me get to the big concern. the entire conversation since the election has been litigating gone squaquarter of the preside own architecture. all we're talking about is revenue, revenues, revenues. the white house has been absolutely silent on 75% of their own described remedy and that is where are the cuts. now, secretary geithner comes to capitol hill and with a straight face says we need to spend more money. we need more stimulus spending. look, i come from the state of illinois which is an example of what not to do. the state had the same underlying problems, that is runaway spending problems, and they came up with the wrong solution. raise taxes, don't deal with the underlying problem, chase an entrepreneurial class out. $7 billion in unpaid bills and higher average unemployment rate. it is a system for failure. so what's happening with my neighbors in illinois, and these are the people that are minkd their own business, not paying attention to all this stuff, all of a sudden they're looking up and saying why is it more expensive for my child to go to th
talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but it is possible it could and the president believes having won the election he's on the high side. >> 2:00 on twitter. john, thanks very much. >>> one of the overhangs for the fiscal cliff for investors is what will happen on dividend tax rates. more and more corporations aren't waiting to find out exactly what happens with more than $22.5 billion worth of special difficult sends having been announced from 98 companies in the fourth quarter so far. today, hca, dish network, cato joining the list. jim iuorio is a cnbc contributor. >> i've been looking at this from every ang toll fiangle to find a tradable sort of angle. here's the one possibility that i h
. there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather patsern. the radar shows it here and it is it a long system. rain falling over northern california for the most part, forecasters say some areas could get soaked for day to come and dozens of inches falling. wow . it is it because of what they call an atmospheric river of jet stream ofure in the pacific office carrying wave after wave of storms on the west coast. donna is live in cloudy california. dominic? >> the latest in the freaky stream of rains should dump twice as much as the last storm that came through here if not the two combined. it will start in the early morning and peaking at 5:00 a.m. on sunday. we are
and will not help those seeking work. i came out the day after the election to put revenues on the table. to take a step towards the president to try to resolve this. >> is there someone you could agree to tax rate increases and protect small businesses may be at the same time? >> there are a lot of things that are possible. the president insists on this position. insist on my way or the highway. next. connell: speaker of the house john boehner. dagen: i think ed henry says no progress and charges at the white house. connell: there is the optimism. it has been waning anyway on the stock market. the speaker talk to you about the phone call about the president needing to get more serious. we will talk more about that coming up. mark warner is supposed to join us from capitol hill later this hour. right now, back to the morning jobs report. 146,000 jobs added in november. the unemployment rate fell to 7.7%. both were better than expected. the thing we will focus on is the big story behind all of this. maybe the fact that a generation of americans are being impacted by the lack of a full-time job. pa
to the sixth which happens to be the election on tens, you will notice -- this is weird. this is a 21st session that we're going to be looking to close in a range between 158 and is 169. we were at the 175 mark. that was really a changing moment for treasuries. if you open the chart up to a 20-year chart, maybe sometimes some out there forget exactly how low these yields are. look at that 20-year chart. contrast it with s&p 500 chart. what a difference. obviously the feds program to push people to risk in some ways is working but in ways it's not working. look at flows. it's in treasuries. not in the equities. now if we look at the euro, let's look at euro from year-to-date. doesn't look bad. about month and a half high. let's go back to 2000. doesn't look nearly as good. the winning chart on perspective perspective is dollar/yen. look at that year-to-date. it looks like it's really going to explode. if you look at a 20-year chart, we're just dancing around the bottom. jim cramer, back to you. >> drives me crazy that i can't figure that out. let's check out the latest news in energy and metals.
the needle just yet. i doubt our elected officials would be brazen enough to leave washington without an agreement? this is my hunch. if, and that is an if we are going to see a deal, i suspect it'll come in the next two weeks. if we know anything about d.c. lawmakers, their time off may be more of a sacred cow than the belief on tax and spending. if i'm right, it's too bad that their own self-interests motivate them more. >>> before we look the a the day on wall street. and it was a quiet day. at the end of the day, we did see the markets get a good lift up about 40 points on the industrial average. nasdaq composite picked up 15 1/2 points. and the s&p tonight gain of 4.5% points, check out apple today, we did see a bit of a rebound after the big selloff yesterday. apple continues to trade higher in realtime, up 1.5% on apple at
on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historical sort of review, clearly there were different laws passed at the state level. so now it is really up to the federal government to kind of step in and say, okay, this is where we have to come together on our thinking. >> it is up to the united states supreme court. not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years. there is a new gallup poll out that s
Search Results 0 to 18 of about 19 (some duplicates have been removed)

Terms of Use (31 Dec 2014)